2024-05-10T13:28:53+00:00 2023-06-30 350921680 CROWE LLP 231 S Bemiston Ave Suite 800 Clayton MO 63105 990 2022-07-01 833708286 GEO Academies Inc GEOA 3175361027 3145 N Meridian Street Indianapolis IN 46208 Dana L Teasley Treasurer 2024-05-10 true Dana Teasley 999009999 Steve Lenivy P01635350 3148022000 2022 2023-04-26 12:10:37Z DBA Next Generation High School Kevin Teasley 3145 N Meridian Street Indianapolis IN 46208 3528403 false X www.geoacademies.org X 2019 IN Beating poverty through quality education. 6 6 28 7 0 0 2319570 2940603 162907 152159 -17682 0 305321 435641 2770116 3528403 2000 0 1245112 1403131 0 0 2300361 1923894 3545473 3329025 -775357 199378 1711790 1504426 3132013 2725271 -1420223 -1220845 Beating poverty through quality education. false false 3086821 2000 587800 DEVELOPING THE HIGHEST POTENTIAL OF STUDENTS THROUGH EDUCATING THE WHOLE PERSON, ENSURING THAT ALL STUDENTS ATTAIN BASIC SKILLS APPROPRIATE TO THEIR AGE AND GRADE LEVEL. THERE ARE A TOTAL OF 149 STUDENTS. 3086821 true true false false false false false false false true false false true true true true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 29 0 true 28 true false false false false false false false false false false false false X 6 6 true true false false false false false true false false false true true true true true true false false false IN X Dana L Teasley 3175361027 3145 N Meridian Street Indianapolis IN 46208 Jeff Ready Vice Chair 2.0 X X 0 0 0 Jesse Moore Secretary/Treasurer 2.0 X X 0 0 0 Tanya Mckinzie Board Chair 2.0 X X 0 0 0 Alyce Butler Board Member (until Jan 2023) 2.0 X 0 0 0 Deon Levingston Board Member 2.0 X 0 0 0 JR Russell Board Member 2.0 X 0 0 0 Troy Julian Gibson Board Member 2.0 X 0 0 0 DANA L TEASLEY School Treasurer 2.0 X 0 0 0 KEVIN TEASLEY Superintendent 2.0 X 0 0 0 0 0 0 0 false false false Greater Educational Opportunities Foundation 3145 N Meridian Street Indianapolis IN 46208 Management Fees 238525 G&M Associated LLC 8936 Summer Walk Drive E Indianapolis IN 46227 Construction 105235 2 1915603 1025000 2940603 Student Meals 611110 84012 84012 Special Education Services 611110 68147 68147 0 0 0 0 152159 0 0 0 0 Staff Reimbursement 900099 382684 382684 Security 561600 35500 35500 Textbook 611110 9391 9391 8066 8066 0 0 435641 3528403 587800 0 0 2000 2000 0 0 1135362 1135362 75906 75906 113681 113681 78182 78182 246141 10497 235644 31910 25350 6560 104966 104966 0 0 106306 106306 171145 171145 110108 110108 417452 417452 269715 269715 98469 98469 10566 10566 Cafeteria Food 90176 90176 College Coursework & Transport 74901 74901 Dues and Subscriptions 16068 16068 175971 175971 0 0 3329025 3086821 242204 0 215541 317823 167674 177889 22159 0 0 0 0 38379 9149 473950 233529 286981 240421 0 0 993000 0 0 747200 1711790 1504426 2121774 110865 17239 6810 0 0 785595 993000 1822001 3132013 2725271 X -1420223 -1220845 -1420223 -1220845 1711790 1504426 199378 0 X false false false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 124517 21555 102962 349433 211974 137459 240421 Right Of Use 747200 747200 Right of Use Lease 738000 Due to Affiliate 1084001 1822001 X 3528403 0 0 3528403 0 0 3528403 3329025 0 0 3329025 0 0 3329025 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The School is exempt from income taxes on income from related activities under Section 501(c)(3) of the U. S. Internal Revenue Code and corresponding state tax law. Accordingly, no provision has been made for federal or state income taxes. Additionally, the School is not considered to be a private foundation under Section 509(a) of the Internal Revenue Code. The School has adopted applicable guidance with respect to accounting for uncertainty in income taxes. A tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit will be recorded. The School does not expect the total amount of unrecorded tax benefits to significantly change in the next 12 months. The School recognizes interest and/or penalties related to income tax matters in income tax expense. The School did not have any amounts accrued for interest and penalties at June 30, 2023 and 2022. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The racially nondiscriminatory policy is publicized on the website. It is also included in the Student Handbook and is part of the Charter. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT The organization receives federal and state grant money to achieve its stated mission. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Dana L Teasley - Family relationship, Kevin Teasley - Family relationship Form 990, Part VI, Line 3 Delegation of management duties THE ORGANIZATION HAS A MANAGEMENT AGREEMENT WITH THE GREATER EDUCATION OPPORTUNITIES FOUNDATION, INC. ("GEO") ("95-4406881") TO PROVIDE MANAGEMENT, OPERATION, AND ADMINISTRATIVE SERVICES. THE COMPENSATION OF OFFICERS, KEVIN TEASLEY AND DANA TEASLEY, IS REPORTED ON GEO'S RESPECTIVE FORM 990 FILING. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body The organization does not have any committees with authority to act on behalf of the governing body. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is reviewed by GEO Foundation's CFO and CEO, before being emailed to the board. After the board review, the Form 990 is submitted to the IRS. Form 990, Part VI, Line 12c Conflict of interest policy All board members annually complete a confidentiality conflict of interest statement. If a conflict arises, it is noted and reviewed by the board to determine if any action needs to be taken. Individuals with conflicts abstain from voting on such matters. Form 990, Part VI, Line 19 Required documents available to the public Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to internal revenue code (IRC) section 6104. These documents are not available to the public at this time. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Other Revenue - Total Revenue: 8066, Related or Exempt Function Revenue: 8066, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;